Special Features
UAE Financial Market News
11 July 2010. UAE stocks continued to go nowhere much on low trading, although the DFM index crept up past the 1500 mark. On the Nasdaq Dubai, Depa is unchanged, and DP World is up 1.6%.Dubai Financial Market
Dubai stocks rose 0.43% to 1506 points from trading worth AED 77m with Emaar Properties (EMAAR) the most active stock, and also the best of the more active gainers, up 1.55% to 3.27 from AED 38m worth. Dubai Financial Market (DFM) rose 1.35%, and none of the other gainers traded more than AED 1m worth.
Arabtec (ARTC), Dubai Islamic Bank (DIB), Union Properties (UPP), Emirates Integrated Telecommunications (DU), and Emirates NBD (ENBD) all closed unchanged. Drake & Scull (DSI) was the worst of the more active losers, down 1.1% to 0.805, Deyaar Development (DEYAAR) and Air Arabia (AIRARABIA) were the only other losers trading more than AED 1m worth, both falling less than 1%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks saw little change with the index down just 0.05% to 2527 points from AED 39m worth of trading. Aldar Properties (ALDAR) was the only stock trading more than AED 10m worth, up 0.74% to 2.70.
Of the 5 gainers, only 2 others saw trading of more than AED 1m - National Bank of Abu Dhabi (NBAD) and Sorouh Real Estate (SOROUH), both up less than 1%. Dana Gas (DANA) and Emirates Telecom (ETISALAT) were unchanged, and none of the losers traded more than AED 1m worth.
